Insiders Cash In, Consumers Pay Under New Energy Bill
Ernest Istook /
Major players in Washington cheered the latest version of an energy bill, which tries to buy votes with “something for almost everyone.” But beleaguered consumers will get stuck with skyrocketing bills after others feast on new government benefits.
We can expect any new “green jobs” to be offset by a larger loss of existing jobs, possibly up to 3-million, depending on details of how the bill’s cap-and-trade system is implemented to tax carbon dioxide emissions. (more…)